July 24, 2016 5:01 AM ET

Metals and Mining

Company Overview of Amarium Minerals Inc.

Company Overview

Amarium Minerals Inc. acquires, explores, and develops copper resources. The company is based in Las Vegas, Nevada. Amarium Minerals Inc. operates as a subsidiary of Amarium Technologies, Inc.

5940 South Rainbow Boulevard

Las Vegas, NV 89118

United States

Phone:

800-983-0814

Fax:

800-291-6802

Key Executives for Amarium Minerals Inc.

Chief Executive Officer and President
Compensation as of Fiscal Year 2016.

Amarium Minerals Inc. Key Developments

Amarium Minerals Inc. Secures $3.15 Million Financing with Anglo Asia Resource Partners

Amarium Technologies Inc. announced that Amarium Minerals Inc. has secured a $3.15 million financing with Anglo Asia Resource Partners. Repayment of this financing will be in the form of a revenue streaming agreement with Anglo Asia receiving 75% of all net revenue until payback and 22% of all net revenue in perpetuity. The previous sales contract with Anglo Asia receiving 18% of all production at a discounted price of $0.75 per pound will remain in effect along with this new streaming agreement. Anglo Asia provides Amarium with solid financial backing and the foundation required to continue building out the company's mission of becoming a mid-tier copper producer within Latin America. Amarium is committed to adding the necessary elements to the company to take it to the next level in the near term.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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